#United States #New York #Gross Law Firm #Securities Fraud #Ibotta

Important Notification for Ibotta, Inc. Shareholders

A significant announcement is being made for those who have invested in Ibotta, Inc. (NYSE: IBTA). A class-action lawsuit concerning alleged securities fraud is now pending, and shareholders who purchased shares during the designated class period are encouraged to reach out for further information on their rights and potential involvement in the case.

Details of the Lawsuit

The Gross Law Firm has issued a comprehensive notice aimed at Ibotta shareholders. It's crucial to understand that those who acquired shares of Ibotta during the class period connected to the company's initial public offering (IPO) on April 18, 2024, may be affected. The lawsuit accuses Ibotta's management of failing to adequately inform investors about the risks linked to their contract with The Kroger Co., a significant client that could terminate the agreement without notice. The complaint asserts that despite providing an explanation concerning the contract with Walmart, there was a glaring lack of transparency regarding the at-will nature of the Kroger contract, failing to mention the risk of losing a major client at any moment.

Key Dates and Registration

Investors are urged to act quickly. The deadline to register for this class action is June 16, 2025. By registering, shareholders will also gain access to a portfolio monitoring tool that will keep them informed with updates regarding the progression of the lawsuit. Furthermore, while becoming a lead plaintiff is an option, it is not necessary for those wishing to participate in the recovery process.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationwide for its dedication to representing investors. With a mission focused on safeguarding investors' rights against deceit and fraudulent practices, the firm highlights that it will advocate for transparency and accountability in corporate governance. It is essential that investors know that there is no cost to partake in this case, and their rights to claim recovery due to misleading statements by the company remain intact.

For those needing to contact The Gross Law Firm, details are as follows:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

Taking Action

Shareholders are encouraged not to delay in taking action on this important matter. If you purchased shares of Ibotta, it is highly recommended to register your information as soon as possible. The Gross Law Firm is poised to assist you in navigating your rights and potential pathways to recovery, ensuring that shareholders are not left in the dark concerning their investments.

Invest wisely and protect your rights. Don't miss out on your opportunity to get the necessary guidance and legal support in this critical situation.